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Shenzhen Changhong Tech
Buy, Hold or Sell?

Let's analyse Shenzhen Changhong Tech together

PenkeI guess you are interested in Shenzhen Changhong Tech. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Shenzhen Changhong Tech. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Shenzhen Changhong Tech (30 sec.)










What can you expect buying and holding a share of Shenzhen Changhong Tech? (30 sec.)

How much money do you get?

How much money do you get?
¥0.03
When do you have the money?
1 year
How often do you get paid?
92.5%

What is your share worth?

Current worth
¥3.23
Expected worth in 1 year
¥4.09
How sure are you?
97.5%

+ What do you gain per year?

Total Gains per Share
¥1.11
Return On Investment
7.3%

For what price can you sell your share?

Current Price per Share
¥15.27
Expected price per share
¥10.24 - ¥19.75
How sure are you?
50%

1. Valuation of Shenzhen Changhong Tech (5 min.)




Live pricePrice per Share (EOD)

¥15.27

Intrinsic Value Per Share

¥-3.77 - ¥-1.93

Total Value Per Share

¥-0.54 - ¥1.30

2. Growth of Shenzhen Changhong Tech (5 min.)




Is Shenzhen Changhong Tech growing?

Current yearPrevious yearGrowGrow %
How rich?$238m$169.9m$29.1m14.6%

How much money is Shenzhen Changhong Tech making?

Current yearPrevious yearGrowGrow %
Making money$2m$4.8m-$2.7m-133.7%
Net Profit Margin5.6%11.7%--

How much money comes from the company's main activities?

3. Financial Health of Shenzhen Changhong Tech (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#262 / 564

Most Revenue
#425 / 564

Most Profit
#342 / 564

Most Efficient
#209 / 564

What can you expect buying and holding a share of Shenzhen Changhong Tech? (5 min.)

Welcome investor! Shenzhen Changhong Tech's management wants to use your money to grow the business. In return you get a share of Shenzhen Changhong Tech.

What can you expect buying and holding a share of Shenzhen Changhong Tech?

First you should know what it really means to hold a share of Shenzhen Changhong Tech. And how you can make/lose money.

Speculation

The Price per Share of Shenzhen Changhong Tech is ¥15.27. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Shenzhen Changhong Tech.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Shenzhen Changhong Tech, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥3.23. Based on the TTM, the Book Value Change Per Share is ¥0.21 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shenzhen Changhong Tech.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.000.0%0.000.0%0.010.1%0.010.0%0.000.0%
Usd Book Value Change Per Share0.110.7%0.030.2%0.010.0%0.010.1%0.010.0%
Usd Dividend Per Share0.000.0%0.010.1%0.010.0%0.010.0%0.000.0%
Usd Total Gains Per Share0.110.7%0.040.3%0.010.1%0.020.1%0.010.1%
Usd Price Per Share2.00-2.50-3.38-2.52-2.21-
Price to Earnings Ratio241.36-207.63-118.71-120.05-192.78-
Price-to-Total Gains Ratio18.47-180.60-274.40-189.12-367.31-
Price to Book Ratio4.47-6.84-10.67-8.47-8.80-
Price-to-Total Gains Ratio18.47-180.60-274.40-189.12-367.31-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.113368
Number of shares473
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.030.01
Usd Total Gains Per Share0.040.02
Gains per Quarter (473 shares)18.138.22
Gains per Year (473 shares)72.5432.90
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1165663122123
233112136244156
349169209376289
4652252824983122
58228135561103155
69833742873124188
711439350186145221
813145057498165254
9147506647110186287
10163562720122207320

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%53.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%35.05.00.087.5%45.08.00.084.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%18.00.02.090.0%37.00.03.092.5%49.00.04.092.5%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%39.01.00.097.5%52.01.00.098.1%

Fundamentals of Shenzhen Changhong Tech

About Shenzhen Changhong Tech

Shenzhen Changhong Technology Co., Ltd. engages in design, manufacture, and sale of plastic molds and precision injection molded parts in China and internationally. The company offers precision molds, medical products and consumables, auto parts, and office automation electronic products. It also provides design for manufacture, mold-flow analysis, assembly, pad printing, warehousing, and customs and logistics services. The company was founded in 2001 and is headquartered in Shenzhen, China.

Fundamental data was last updated by Penke on 2024-03-25 22:24:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Shenzhen Changhong Tech.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shenzhen Changhong Tech earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Shenzhen Changhong Tech to the Auto Parts industry mean.
  • A Net Profit Margin of 3.5% means that ¥0.04 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shenzhen Changhong Tech:

  • The MRQ is 3.5%. The company is making a profit. +1
  • The TTM is 5.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM5.6%-2.0%
TTM5.6%YOY11.7%-6.1%
TTM5.6%5Y9.9%-4.4%
5Y9.9%10Y8.3%+1.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%3.9%-0.4%
TTM5.6%3.6%+2.0%
YOY11.7%3.5%+8.2%
5Y9.9%2.9%+7.0%
10Y8.3%4.0%+4.3%
1.1.2. Return on Assets

Shows how efficient Shenzhen Changhong Tech is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shenzhen Changhong Tech to the Auto Parts industry mean.
  • 0.3% Return on Assets means that Shenzhen Changhong Tech generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shenzhen Changhong Tech:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.7%-0.4%
TTM0.7%YOY1.7%-1.0%
TTM0.7%5Y1.8%-1.2%
5Y1.8%10Y1.4%+0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%1.2%-0.9%
TTM0.7%1.0%-0.3%
YOY1.7%1.0%+0.7%
5Y1.8%1.0%+0.8%
10Y1.4%1.2%+0.2%
1.1.3. Return on Equity

Shows how efficient Shenzhen Changhong Tech is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shenzhen Changhong Tech to the Auto Parts industry mean.
  • 0.5% Return on Equity means Shenzhen Changhong Tech generated ¥0.00 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shenzhen Changhong Tech:

  • The MRQ is 0.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM1.1%-0.6%
TTM1.1%YOY2.9%-1.8%
TTM1.1%5Y2.5%-1.4%
5Y2.5%10Y1.9%+0.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%2.4%-1.9%
TTM1.1%2.2%-1.1%
YOY2.9%2.1%+0.8%
5Y2.5%1.8%+0.7%
10Y1.9%2.3%-0.4%

1.2. Operating Efficiency of Shenzhen Changhong Tech.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shenzhen Changhong Tech is operating .

  • Measures how much profit Shenzhen Changhong Tech makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Shenzhen Changhong Tech to the Auto Parts industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shenzhen Changhong Tech:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM4.7%-4.7%
TTM4.7%YOY13.4%-8.7%
TTM4.7%5Y11.2%-6.5%
5Y11.2%10Y5.9%+5.3%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM4.7%3.6%+1.1%
YOY13.4%4.6%+8.8%
5Y11.2%4.9%+6.3%
10Y5.9%4.8%+1.1%
1.2.2. Operating Ratio

Measures how efficient Shenzhen Changhong Tech is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.64 means that the operating costs are ¥1.64 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shenzhen Changhong Tech:

  • The MRQ is 1.636. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.653. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.636TTM1.653-0.016
TTM1.653YOY1.577+0.076
TTM1.6535Y1.588+0.065
5Y1.58810Y1.203+0.385
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6361.618+0.018
TTM1.6531.616+0.037
YOY1.5771.621-0.044
5Y1.5881.568+0.020
10Y1.2031.278-0.075

1.3. Liquidity of Shenzhen Changhong Tech.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shenzhen Changhong Tech is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 5.66 means the company has ¥5.66 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shenzhen Changhong Tech:

  • The MRQ is 5.657. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.442. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.657TTM4.442+1.215
TTM4.442YOY4.411+0.032
TTM4.4425Y4.148+0.294
5Y4.14810Y2.328+1.821
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6571.649+4.008
TTM4.4421.646+2.796
YOY4.4111.604+2.807
5Y4.1481.579+2.569
10Y2.3281.351+0.977
1.3.2. Quick Ratio

Measures if Shenzhen Changhong Tech is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Shenzhen Changhong Tech to the Auto Parts industry mean.
  • A Quick Ratio of 2.11 means the company can pay off ¥2.11 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shenzhen Changhong Tech:

  • The MRQ is 2.106. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.672. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.106TTM1.672+0.433
TTM1.672YOY1.707-0.035
TTM1.6725Y1.687-0.015
5Y1.68710Y1.436+0.251
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1060.698+1.408
TTM1.6720.714+0.958
YOY1.7070.742+0.965
5Y1.6870.752+0.935
10Y1.4360.782+0.654

1.4. Solvency of Shenzhen Changhong Tech.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shenzhen Changhong Tech assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shenzhen Changhong Tech to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.32 means that Shenzhen Changhong Tech assets are financed with 32.5% credit (debt) and the remaining percentage (100% - 32.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shenzhen Changhong Tech:

  • The MRQ is 0.325. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.369. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.325TTM0.369-0.045
TTM0.369YOY0.394-0.025
TTM0.3695Y0.268+0.101
5Y0.26810Y0.214+0.055
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3250.497-0.172
TTM0.3690.497-0.128
YOY0.3940.497-0.103
5Y0.2680.497-0.229
10Y0.2140.487-0.273
1.4.2. Debt to Equity Ratio

Measures if Shenzhen Changhong Tech is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shenzhen Changhong Tech to the Auto Parts industry mean.
  • A Debt to Equity ratio of 49.5% means that company has ¥0.50 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shenzhen Changhong Tech:

  • The MRQ is 0.495. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.609. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.495TTM0.609-0.114
TTM0.609YOY0.679-0.070
TTM0.6095Y0.412+0.197
5Y0.41210Y0.303+0.110
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4951.014-0.519
TTM0.6091.017-0.408
YOY0.6791.031-0.352
5Y0.4121.040-0.628
10Y0.3031.047-0.744

2. Market Valuation of Shenzhen Changhong Tech

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Shenzhen Changhong Tech generates.

  • Above 15 is considered overpriced but always compare Shenzhen Changhong Tech to the Auto Parts industry mean.
  • A PE ratio of 241.36 means the investor is paying ¥241.36 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shenzhen Changhong Tech:

  • The EOD is 255.405. Based on the earnings, the company is expensive. -2
  • The MRQ is 241.355. Based on the earnings, the company is expensive. -2
  • The TTM is 207.628. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD255.405MRQ241.355+14.050
MRQ241.355TTM207.628+33.727
TTM207.628YOY118.705+88.923
TTM207.6285Y120.051+87.578
5Y120.05110Y192.784-72.734
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD255.40512.519+242.886
MRQ241.35511.721+229.634
TTM207.62812.530+195.098
YOY118.70515.239+103.466
5Y120.05116.864+103.187
10Y192.78421.191+171.593
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shenzhen Changhong Tech:

  • The EOD is -75.280. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -71.139. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 17.905. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD-75.280MRQ-71.139-4.141
MRQ-71.139TTM17.905-89.044
TTM17.905YOY-301.428+319.333
TTM17.9055Y-21.774+39.679
5Y-21.77410Y22.165-43.939
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-75.2805.310-80.590
MRQ-71.1394.924-76.063
TTM17.9053.607+14.298
YOY-301.4281.026-302.454
5Y-21.7742.264-24.038
10Y22.1652.514+19.651
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shenzhen Changhong Tech is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 4.47 means the investor is paying ¥4.47 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Shenzhen Changhong Tech:

  • The EOD is 4.728. Based on the equity, the company is fair priced.
  • The MRQ is 4.468. Based on the equity, the company is fair priced.
  • The TTM is 6.841. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.728MRQ4.468+0.260
MRQ4.468TTM6.841-2.373
TTM6.841YOY10.669-3.828
TTM6.8415Y8.473-1.632
5Y8.47310Y8.795-0.322
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD4.7281.521+3.207
MRQ4.4681.481+2.987
TTM6.8411.516+5.325
YOY10.6691.624+9.045
5Y8.4731.700+6.773
10Y8.7952.242+6.553
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shenzhen Changhong Tech compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.7790.215+263%0.048+1522%0.079+886%0.047+1571%
Book Value Per Share--3.2302.701+20%2.306+40%2.115+53%1.818+78%
Current Ratio--5.6574.442+27%4.411+28%4.148+36%2.328+143%
Debt To Asset Ratio--0.3250.369-12%0.394-18%0.268+21%0.214+52%
Debt To Equity Ratio--0.4950.609-19%0.679-27%0.412+20%0.303+64%
Dividend Per Share--0.0030.062-96%0.055-95%0.047-94%0.034-92%
Eps--0.0150.028-47%0.065-77%0.050-70%0.034-57%
Free Cash Flow Per Share---0.051-0.011-77%-0.074+46%-0.024-53%-0.012-77%
Free Cash Flow To Equity Per Share---0.051-0.084+66%-0.018-65%0.000-99%0.003-1977%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.931--------
Intrinsic Value_10Y_min---3.774--------
Intrinsic Value_1Y_max---0.068--------
Intrinsic Value_1Y_min---0.189--------
Intrinsic Value_3Y_max---0.299--------
Intrinsic Value_3Y_min---0.734--------
Intrinsic Value_5Y_max---0.646--------
Intrinsic Value_5Y_min---1.460--------
Market Cap8131397160.000+6%7684090829.6109621088387.403-20%13017158060.000-41%9684456761.481-21%8484449973.740-9%
Net Profit Margin--0.0350.056-36%0.117-70%0.099-64%0.083-57%
Operating Margin---0.047-100%0.134-100%0.112-100%0.059-100%
Operating Ratio--1.6361.653-1%1.577+4%1.588+3%1.203+36%
Pb Ratio4.728+6%4.4686.841-35%10.669-58%8.473-47%8.795-49%
Pe Ratio255.405+6%241.355207.628+16%118.705+103%120.051+101%192.784+25%
Price Per Share15.270+6%14.43018.068-20%24.445-41%18.187-21%15.933-9%
Price To Free Cash Flow Ratio-75.280-6%-71.13917.905-497%-301.428+324%-21.774-69%22.165-421%
Price To Total Gains Ratio19.544+6%18.469180.600-90%274.402-93%189.116-90%367.306-95%
Quick Ratio--2.1061.672+26%1.707+23%1.687+25%1.436+47%
Return On Assets--0.0030.007-53%0.017-82%0.018-83%0.014-78%
Return On Equity--0.0050.011-57%0.029-84%0.025-81%0.019-75%
Total Gains Per Share--0.7810.277+182%0.103+660%0.126+522%0.081+864%
Usd Book Value--238036655.698199061141.234+20%169923164.104+40%155870876.231+53%134021139.031+78%
Usd Book Value Change Per Share--0.1080.030+263%0.007+1522%0.011+886%0.006+1571%
Usd Book Value Per Share--0.4470.374+20%0.319+40%0.293+53%0.252+78%
Usd Dividend Per Share--0.0000.009-96%0.008-95%0.006-94%0.005-92%
Usd Eps--0.0020.004-47%0.009-77%0.007-70%0.005-57%
Usd Free Cash Flow---3737310.158-843384.360-77%-5458570.921+46%-1749959.601-53%-807763.761-78%
Usd Free Cash Flow Per Share---0.007-0.002-77%-0.010+46%-0.003-53%-0.002-77%
Usd Free Cash Flow To Equity Per Share---0.007-0.012+66%-0.002-65%0.000-99%0.000-1977%
Usd Market Cap1125385366.944+6%1063478170.8181331558632.817-20%1801574675.504-41%1340328815.789-21%1174247876.366-9%
Usd Price Per Share2.113+6%1.9972.501-20%3.383-41%2.517-21%2.205-9%
Usd Profit--1101570.1472062103.664-47%4818286.607-77%3694127.721-70%2536064.456-57%
Usd Revenue--31155661.86636717699.691-15%40486441.823-23%35529625.223-12%28091967.824+11%
Usd Total Gains Per Share--0.1080.038+182%0.014+660%0.017+522%0.011+864%
 EOD+5 -3MRQTTM+17 -18YOY+16 -195Y+12 -2310Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of Shenzhen Changhong Tech based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15255.405
Price to Book Ratio (EOD)Between0-14.728
Net Profit Margin (MRQ)Greater than00.035
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.106
Current Ratio (MRQ)Greater than15.657
Debt to Asset Ratio (MRQ)Less than10.325
Debt to Equity Ratio (MRQ)Less than10.495
Return on Equity (MRQ)Greater than0.150.005
Return on Assets (MRQ)Greater than0.050.003
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Shenzhen Changhong Tech based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.300
Ma 20Greater thanMa 5015.314
Ma 50Greater thanMa 10014.761
Ma 100Greater thanMa 20016.510
OpenGreater thanClose14.610
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  1,95814,49616,453-13,4772,9773,4636,440-15,009-8,570



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets2,546,260
Total Liabilities826,342
Total Stockholder Equity1,668,182
 As reported
Total Liabilities 826,342
Total Stockholder Equity+ 1,668,182
Total Assets = 2,546,260

Assets

Total Assets2,546,260
Total Current Assets1,355,670
Long-term Assets1,190,590
Total Current Assets
Cash And Cash Equivalents 640,472
Short-term Investments 248,357
Net Receivables 256,211
Inventory 150,539
Other Current Assets 47,621
Total Current Assets  (as reported)1,355,670
Total Current Assets  (calculated)1,343,200
+/- 12,471
Long-term Assets
Property Plant Equipment 822,206
Goodwill 4,766
Intangible Assets 113,554
Long-term Assets Other 23,688
Long-term Assets  (as reported)1,190,590
Long-term Assets  (calculated)964,214
+/- 226,377

Liabilities & Shareholders' Equity

Total Current Liabilities239,626
Long-term Liabilities586,717
Total Stockholder Equity1,668,182
Total Current Liabilities
Short Long Term Debt 74,000
Accounts payable 90,420
Other Current Liabilities 933
Total Current Liabilities  (as reported)239,626
Total Current Liabilities  (calculated)165,353
+/- 74,273
Long-term Liabilities
Long term Debt 511,857
Capital Lease Obligations Min Short Term Debt38,613
Long-term Liabilities Other 208
Long-term Liabilities  (as reported)586,717
Long-term Liabilities  (calculated)550,678
+/- 36,039
Total Stockholder Equity
Retained Earnings 409,240
Total Stockholder Equity (as reported)1,668,182
Total Stockholder Equity (calculated)409,240
+/- 1,258,942
Other
Capital Stock532,508
Common Stock Shares Outstanding 532,508
Net Invested Capital 2,254,039
Net Working Capital 1,116,045
Property Plant and Equipment Gross 822,206



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302009-12-312008-12-312007-12-31
> Total Assets 
138,149
196,443
251,937
274,376
289,597
816,121
765,958
777,235
786,993
808,708
813,788
799,102
794,725
822,454
819,656
884,186
911,895
950,778
939,341
921,689
907,214
953,088
937,514
998,887
997,795
967,803
952,179
965,578
985,915
1,007,313
972,406
956,930
944,812
975,165
954,313
971,654
1,019,645
1,036,561
1,022,013
1,024,243
1,067,056
1,056,842
1,082,694
1,195,062
1,278,616
1,330,100
1,361,998
1,731,377
1,790,608
1,906,572
1,985,945
2,061,409
2,162,728
2,234,720
2,225,237
2,089,105
2,546,260
2,546,2602,089,1052,225,2372,234,7202,162,7282,061,4091,985,9451,906,5721,790,6081,731,3771,361,9981,330,1001,278,6161,195,0621,082,6941,056,8421,067,0561,024,2431,022,0131,036,5611,019,645971,654954,313975,165944,812956,930972,4061,007,313985,915965,578952,179967,803997,795998,887937,514953,088907,214921,689939,341950,778911,895884,186819,656822,454794,725799,102813,788808,708786,993777,235765,958816,121289,597274,376251,937196,443138,149
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
602,167
607,409
654,086
619,979
595,884
593,577
562,387
579,471
679,149
718,884
735,145
727,110
1,035,973
1,105,368
1,128,761
1,154,505
1,121,832
1,166,215
1,159,885
1,075,926
922,663
1,355,670
1,355,670922,6631,075,9261,159,8851,166,2151,121,8321,154,5051,128,7611,105,3681,035,973727,110735,145718,884679,149579,471562,387593,577595,884619,979654,086607,409602,16700000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
173,682
153,600
213,941
256,355
173,334
148,702
139,672
149,250
209,729
159,957
193,279
201,015
449,265
431,296
544,625
489,392
468,547
422,323
513,180
426,934
372,381
640,472
640,472372,381426,934513,180422,323468,547489,392544,625431,296449,265201,015193,279159,957209,729149,250139,672148,702173,334256,355213,941153,600173,68200000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
194,200
0
117,550
0
169,700
0
122,691
68,297
123,318
165,395
139,941
102,429
127,538
158,110
112,929
183,536
172,674
186,093
111,718
128,618
82,633
248,357
248,35782,633128,618111,718186,093172,674183,536112,929158,110127,538102,429139,941165,395123,31868,297122,6910169,7000117,5500194,20000000000000000000000000000000000000
       Net Receivables 
32,713
38,236
55,079
53,143
61,738
50,033
52,379
55,849
77,967
101,597
117,633
120,771
121,734
157,325
107,878
121,768
139,593
148,284
110,180
115,313
122,336
123,366
110,175
128,905
130,788
110,400
106,790
131,976
134,302
161,175
156,128
137,560
176,257
176,250
123,029
139,144
163,463
214,346
132,944
136,073
153,646
161,329
196,284
174,155
232,634
238,332
232,542
269,108
316,208
271,108
259,235
266,141
339,013
304,821
303,310
262,913
256,211
256,211262,913303,310304,821339,013266,141259,235271,108316,208269,108232,542238,332232,634174,155196,284161,329153,646136,073132,944214,346163,463139,144123,029176,250176,257137,560156,128161,175134,302131,976106,790110,400130,788128,905110,175123,366122,336115,313110,180148,284139,593121,768107,878157,325121,734120,771117,633101,59777,96755,84952,37950,03361,73853,14355,07938,23632,713
       Other Current Assets 
4,339
6,619
6,989
6,055
8,100
8,698
15,389
35,595
20,763
4,845
5,960
7,613
6,390
8,720
8,753
12,414
8,617
18,657
6,975
39,996
15,938
16,678
18,340
19,498
20,240
17,947
199,888
16,664
227,194
16,553
181,335
13,717
175,465
4,420
169,294
4,754
191,171
5,489
119,826
177,289
171,688
11,918
46,985
33,222
18,160
17,451
17,027
9,997
14,426
12,966
41,188
23,984
35,710
41,011
42,563
45,272
47,621
47,62145,27242,56341,01135,71023,98441,18812,96614,4269,99717,02717,45118,16033,22246,98511,918171,688177,289119,8265,489191,1714,754169,2944,420175,46513,717181,33516,553227,19416,664199,88817,94720,24019,49818,34016,67815,93839,9966,97518,6578,61712,4148,7538,7206,3907,6135,9604,84520,76335,59515,3898,6988,1006,0556,9896,6194,339
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
402,034
428,360
473,479
494,455
503,223
515,913
559,732
594,954
634,888
695,404
685,240
777,811
831,440
939,577
996,513
1,074,835
1,149,311
1,166,443
1,190,590
1,190,5901,166,4431,149,3111,074,835996,513939,577831,440777,811685,240695,404634,888594,954559,732515,913503,223494,455473,479428,360402,03400000000000000000000000000000000000000
       Property Plant Equipment 
75,390
75,500
77,992
86,845
84,669
102,838
91,737
112,902
154,882
185,406
167,869
176,920
174,683
183,230
166,281
175,304
161,457
173,447
171,613
168,771
231,097
243,849
264,478
295,606
296,771
306,355
312,014
325,666
323,141
302,696
298,963
293,052
237,338
235,500
229,605
227,766
241,221
239,512
243,982
271,559
278,916
278,099
275,991
298,735
295,409
345,433
343,917
413,759
408,511
472,639
522,154
597,192
643,999
729,322
771,493
766,167
822,206
822,206766,167771,493729,322643,999597,192522,154472,639408,511413,759343,917345,433295,409298,735275,991278,099278,916271,559243,982239,512241,221227,766229,605235,500237,338293,052298,963302,696323,141325,666312,014306,355296,771295,606264,478243,849231,097168,771171,613173,447161,457175,304166,281183,230174,683176,920167,869185,406154,882112,90291,737102,83884,66986,84577,99275,50075,390
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,601
17,601
22,234
22,234
22,234
22,234
17,355
17,355
11,842
11,842
11,444
11,444
11,444
11,444
5,758
5,758
5,758
5,758
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,766
4,7664,7664,7664,7664,7664,7664,7664,7664,7664,7664,7664,7664,7664,7664,7664,7665,7585,7585,7585,75811,44411,44411,44411,44411,84211,84217,35517,35522,23422,23422,23422,23417,60117,60100000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,442
74,389
74,096
73,729
74,782
116,511
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000116,51174,78273,72974,09674,38943,44200000000000000000000000000000000000
       Intangible Assets 
3,829
3,926
10,888
728
10,578
615
15,405
2,325
16,997
2,562
16,805
2,610
16,305
2,180
15,744
1,814
15,472
1,684
16,155
15,857
23,447
22,962
22,662
46,325
46,356
51,647
51,732
58,369
57,587
52,671
52,206
46,141
45,453
44,592
43,463
32,155
32,116
32,616
32,059
1,193
32,325
32,338
31,740
32,123
32,239
32,792
32,786
63,431
85,319
84,302
83,753
83,271
87,091
86,257
112,332
116,054
113,554
113,554116,054112,33286,25787,09183,27183,75384,30285,31963,43132,78632,79232,23932,12331,74032,33832,3251,19332,05932,61632,11632,15543,46344,59245,45346,14152,20652,67157,58758,36951,73251,64746,35646,32522,66222,96223,44715,85716,1551,68415,4721,81415,7442,18016,3052,61016,8052,56216,9972,32515,40561510,57872810,8883,9263,829
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,839
81,950
13,506
21,874
33,620
26,546
370,657
33,760
76,721
37,800
19,145
20,434
26,424
50,426
58,016
47,649
54,646
52,100
23,688
23,68852,10054,64647,64958,01650,42626,42420,43419,14537,80076,72133,760370,65726,54633,62021,87413,50681,95020,83900000000000000000000000000000000000000
> Total Liabilities 
84,208
94,556
124,464
128,418
132,292
110,213
51,679
88,499
87,883
102,575
99,096
94,981
80,620
102,547
91,937
168,129
184,274
215,524
191,653
168,292
137,796
175,481
150,224
204,090
190,807
157,096
134,707
147,599
158,931
175,293
136,894
131,066
111,040
128,552
101,193
113,742
140,299
145,724
121,386
132,900
151,808
174,244
182,410
195,994
237,418
256,751
260,728
627,291
630,109
708,044
747,780
849,761
899,995
885,980
846,021
783,767
826,342
826,342783,767846,021885,980899,995849,761747,780708,044630,109627,291260,728256,751237,418195,994182,410174,244151,808132,900121,386145,724140,299113,742101,193128,552111,040131,066136,894175,293158,931147,599134,707157,096190,807204,090150,224175,481137,796168,292191,653215,524184,274168,12991,937102,54780,62094,98199,096102,57587,88388,49951,679110,213132,292128,418124,46494,55684,208
   > Total Current Liabilities 
79,208
94,556
109,464
119,418
126,292
107,213
51,679
88,499
87,883
102,575
99,096
94,981
80,620
102,547
91,937
168,129
184,274
215,524
191,654
168,292
137,796
135,481
110,224
158,592
145,312
113,315
92,397
107,731
121,200
139,867
104,677
101,822
104,995
121,231
94,088
106,981
134,577
140,017
116,296
128,374
147,339
169,714
177,989
191,672
233,100
243,202
247,702
220,524
219,667
231,840
224,643
279,754
321,754
314,236
277,123
203,330
239,626
239,626203,330277,123314,236321,754279,754224,643231,840219,667220,524247,702243,202233,100191,672177,989169,714147,339128,374116,296140,017134,577106,98194,088121,231104,995101,822104,677139,867121,200107,73192,397113,315145,312158,592110,224135,481137,796168,292191,654215,524184,274168,12991,937102,54780,62094,98199,096102,57587,88388,49951,679107,213126,292119,418109,46494,55679,208
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,000
20,000
20,000
20,000
0
0
0
0
60,000
90,000
54,000
74,000
25,000
74,000
74,00025,00074,00054,00090,00060,000000020,00020,00020,00020,0000000000000000000000000000000000000000000000
       Accounts payable 
22,145
29,484
44,519
46,114
66,830
50,045
42,676
48,108
61,504
74,637
72,087
77,574
69,040
87,373
75,955
84,393
100,002
107,096
72,958
84,071
96,404
83,229
73,190
86,914
81,891
82,248
66,511
76,619
86,468
95,892
77,082
77,119
81,996
89,477
67,686
80,865
101,144
95,519
82,024
96,356
106,349
122,003
126,987
94,665
123,225
113,147
132,880
136,198
151,430
136,501
139,735
148,274
143,917
151,440
115,686
95,188
90,420
90,42095,188115,686151,440143,917148,274139,735136,501151,430136,198132,880113,147123,22594,665126,987122,003106,34996,35682,02495,519101,14480,86567,68689,47781,99677,11977,08295,89286,46876,61966,51182,24881,89186,91473,19083,22996,40484,07172,958107,096100,00284,39375,95587,37369,04077,57472,08774,63761,50448,10842,67650,04566,83046,11444,51929,48422,145
       Other Current Liabilities 
9,063
10,072
9,349
7,671
8,732
8,374
9,003
10,391
11,379
12,938
12,009
17,407
11,580
15,174
15,982
16,249
17,605
22,680
22,678
21,996
8,899
22,326
21,034
55,678
47,421
31,067
25,886
31,111
29,732
38,976
27,595
24,703
22,999
31,755
26,402
13,243
22,691
19,055
22,809
17,480
29,854
21,858
38,786
57,939
72,662
75,327
79,717
42,414
42,379
48,773
55,309
27,262
52,768
39,304
39,754
29,762
933
93329,76239,75439,30452,76827,26255,30948,77342,37942,41479,71775,32772,66257,93938,78621,85829,85417,48022,80919,05522,69113,24326,40231,75522,99924,70327,59538,97629,73231,11125,88631,06747,42155,67821,03422,3268,89921,99622,67822,68017,60516,24915,98215,17411,58017,40712,00912,93811,37910,3919,0038,3748,7327,6719,34910,0729,063
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,090
4,527
4,469
4,530
4,421
4,322
4,318
13,549
13,026
406,766
410,442
476,204
523,136
570,007
578,241
571,743
568,898
580,437
586,717
586,717580,437568,898571,743578,241570,007523,136476,204410,442406,76613,02613,5494,3184,3224,4214,5304,4694,5275,09000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,995
4,995
5,281
5,813
5,373
5,240
5,937
5,728
5,756
5,557
6,844
6,627
6,761
5,722
5,707
5,090
4,527
4,469
4,530
4,421
4,321
4,318
13,177
12,624
11,796
11,331
21,282
20,818
27,224
31,160
30,667
27,692
39,378
0
039,37827,69230,66731,16027,22420,81821,28211,33111,79612,62413,1774,3184,3214,4214,5304,4694,5275,0905,7075,7226,7616,6276,8445,5575,7565,7285,9375,2405,3735,8135,2814,9954,99500000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,585
5,829
5,740
10,937
12,235
11,291
12,685
12,798
12,366
11,871
19,784
18,752
17,237
15,935
16,989
15,826
15,572
14,588
15,022
14,470
28,481
0
028,48114,47015,02214,58815,57215,82616,98915,93517,23718,75219,78411,87112,36612,79812,68511,29112,23510,9375,7405,8296,58500000000000000000000000000000000000
> Total Stockholder Equity
53,941
101,887
127,473
145,958
157,305
705,907
714,279
688,735
699,110
706,133
714,692
704,121
714,105
719,906
727,719
716,057
727,621
735,253
747,688
751,411
767,739
776,459
786,688
781,828
794,116
796,923
803,882
804,368
813,273
817,250
819,196
811,855
820,773
830,860
837,650
842,926
863,649
875,001
885,143
876,168
900,295
868,177
886,093
976,379
1,014,550
1,042,681
1,069,273
1,084,981
1,122,494
1,159,848
1,201,101
1,153,162
1,205,524
1,295,003
1,330,781
1,260,422
1,668,182
1,668,1821,260,4221,330,7811,295,0031,205,5241,153,1621,201,1011,159,8481,122,4941,084,9811,069,2731,042,6811,014,550976,379886,093868,177900,295876,168885,143875,001863,649842,926837,650830,860820,773811,855819,196817,250813,273804,368803,882796,923794,116781,828786,688776,459767,739751,411747,688735,253727,621716,057727,719719,906714,105704,121714,692706,133699,110688,735714,279705,907157,305145,958127,473101,88753,941
   Common Stock
40,000
50,000
50,000
50,000
50,000
67,000
67,000
100,500
100,500
100,500
100,500
100,500
100,500
100,500
100,500
100,500
100,500
100,500
100,500
201,000
201,000
201,000
201,000
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,500
502,506
502,507
502,508
502,508
502,508
502,508
502,508
0
0502,508502,508502,508502,508502,508502,507502,506502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500502,500201,000201,000201,000201,000100,500100,500100,500100,500100,500100,500100,500100,500100,500100,500100,500100,50067,00067,00050,00050,00050,00050,00040,000
   Retained Earnings 
7,038
26,953
50,774
69,259
80,606
85,637
94,009
68,465
78,840
83,205
91,764
81,193
91,177
95,238
103,051
91,388
102,953
109,831
134,128
137,851
154,179
163,363
173,251
169,771
180,588
182,972
189,489
187,788
196,988
199,399
202,926
197,580
208,927
219,023
230,867
227,622
247,870
260,793
249,518
237,036
257,804
292,435
309,990
395,866
439,042
461,304
486,687
416,085
453,585
473,826
518,816
454,671
503,249
512,316
543,913
454,822
409,240
409,240454,822543,913512,316503,249454,671518,816473,826453,585416,085486,687461,304439,042395,866309,990292,435257,804237,036249,518260,793247,870227,622230,867219,023208,927197,580202,926199,399196,988187,788189,489182,972180,588169,771173,251163,363154,179137,851134,128109,831102,95391,388103,05195,23891,17781,19391,76483,20578,84068,46594,00985,63780,60669,25950,77426,9537,038
   Capital Surplus 000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,744
2,220
648
-2,298
2,334
5,693
15,934
16,295
20,705
15,700
22,169
23,378
109,689
109,633
126,569
122,816
138,996
142,779
145,835
143,750
156,101
0
0156,101143,750145,835142,779138,996122,816126,569109,633109,68923,37822,16915,70020,70516,29515,9345,6932,334-2,2986482,2201,74400000000000000000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,061,205
Cost of Revenue-767,127
Gross Profit294,078294,078
 
Operating Income (+$)
Gross Profit294,078
Operating Expense-985,028
Operating Income76,177-690,950
 
Operating Expense (+$)
Research Development69,511
Selling General Administrative81,811
Selling And Marketing Expenses-
Operating Expense985,028151,322
 
Net Interest Income (+$)
Interest Income11,347
Interest Expense-25,680
Other Finance Cost-15,322
Net Interest Income-29,655
 
Pretax Income (+$)
Operating Income76,177
Net Interest Income-29,655
Other Non-Operating Income Expenses-
Income Before Tax (EBT)56,79476,177
EBIT - interestExpense = -25,680
59,598
85,278
Interest Expense25,680
Earnings Before Interest and Taxes (EBIT)-82,474
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax56,794
Tax Provision-9,426
Net Income From Continuing Ops47,36847,368
Net Income59,598
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-29,655
 

Technical Analysis of Shenzhen Changhong Tech
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Shenzhen Changhong Tech. The general trend of Shenzhen Changhong Tech is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Shenzhen Changhong Tech's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Shenzhen Changhong Tech.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 17.11 < 18.49 < 19.75.

The bearish price targets are: 14.01 > 10.24.

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Shenzhen Changhong Tech Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Shenzhen Changhong Tech. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shenzhen Changhong Tech Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Shenzhen Changhong Tech. The current macd is 0.16205779.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Shenzhen Changhong Tech price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Shenzhen Changhong Tech. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Shenzhen Changhong Tech price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Shenzhen Changhong Tech Daily Moving Average Convergence/Divergence (MACD) ChartShenzhen Changhong Tech Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Shenzhen Changhong Tech. The current adx is 17.72.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Shenzhen Changhong Tech shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Shenzhen Changhong Tech Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Shenzhen Changhong Tech. The current sar is 16.85.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Shenzhen Changhong Tech Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Shenzhen Changhong Tech. The current rsi is 50.30. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Shenzhen Changhong Tech Daily Relative Strength Index (RSI) ChartShenzhen Changhong Tech Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Shenzhen Changhong Tech. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Shenzhen Changhong Tech price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Shenzhen Changhong Tech Daily Stochastic Oscillator ChartShenzhen Changhong Tech Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Shenzhen Changhong Tech. The current cci is -18.45415425.

Shenzhen Changhong Tech Daily Commodity Channel Index (CCI) ChartShenzhen Changhong Tech Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Shenzhen Changhong Tech. The current cmo is -2.36833387.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Shenzhen Changhong Tech Daily Chande Momentum Oscillator (CMO) ChartShenzhen Changhong Tech Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Shenzhen Changhong Tech. The current willr is -62.16216216.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Shenzhen Changhong Tech is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shenzhen Changhong Tech Daily Williams %R ChartShenzhen Changhong Tech Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Shenzhen Changhong Tech.

Shenzhen Changhong Tech Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Shenzhen Changhong Tech. The current atr is 0.71732981.

Shenzhen Changhong Tech Daily Average True Range (ATR) ChartShenzhen Changhong Tech Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Shenzhen Changhong Tech. The current obv is 75,572,048.

Shenzhen Changhong Tech Daily On-Balance Volume (OBV) ChartShenzhen Changhong Tech Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Shenzhen Changhong Tech. The current mfi is 65.49.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Shenzhen Changhong Tech Daily Money Flow Index (MFI) ChartShenzhen Changhong Tech Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shenzhen Changhong Tech.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Shenzhen Changhong Tech Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shenzhen Changhong Tech based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.300
Ma 20Greater thanMa 5015.314
Ma 50Greater thanMa 10014.761
Ma 100Greater thanMa 20016.510
OpenGreater thanClose14.610
Total2/5 (40.0%)
Penke

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